Overview
- Tencent reported revenue of 192.9 billion yuan for the September quarter, topping the 189.2 billion yuan consensus compiled by LSEG.
- Net profit reached 63.1 billion yuan, outpacing the 55.9 billion yuan Bloomberg estimate for the period.
- Operating profit came in at 63.6 billion yuan versus market expectations of 58.01 billion yuan, according to CNBC.
- Gaming, marketing and social services generated 95.9 billion yuan, up 16% year over year, with domestic titles lifted by Delta Force and Valorant Mobile and international games up 43% to 20.8 billion yuan.
- Tencent said its Hunyuan AI is improving ad targeting and production efficiency, and it expects growing traction for the Yuanbao chatbot and AI features in WeChat.